NCBA Group Head of Credit Risk Advisory Group (CRAG) Jobs in Kenya

NCBA Group Head of Credit Risk Advisory Group (CRAG) Jobs in Kenya

Job Purpose Statement

The Head of Credit Risk Advisory Group is primarily responsible for:

Leading a team of Credit Risk Advisory Mangers in delivery of Turn Around, Restructure
& Managed Exit strategies to a portfolio of corporate watch accounts experiencing financial distress.

Determining objectives, strategies and actions that need to be adopted to address business risk issues. Reduce Bank’s risk and achieve turn around, restructure and managed exit solutions so that the bank realises maximum return in the shortest time possible.

Acting as a point of contact for the Deputy Director, CRAG & Corporate Recoveries to discuss specific problems and acting as a ‘’sounding board’’ recommending appropriate solutions and strategies to achieve the bank’s objectives.

Work closely with all stakeholders to ensure early detection, referral and adoption of problem accounts to Credit Advisory.

Provide secondary support to the relationship team on a n problem accounts managed under the Normal category.

Representing to relevant stakeholders ongoing status of the portfolio being managed.

Financial

Lead negotiations with customers, sometimes in conjunction with Relationship Managers to identify credit risk issues, propose turnaround/restructure solutions and follow up implementation.

Ensure achievement of turnaround/restructure portfolio targets for Watch accounts plus collection target as per

To reduce exposure &/or minimize risk for the bank on loans

Support reduction of provisions and ensure adequate loan provisions and these are maintained within set budget.

Participate in the determination of the provisioning requirements as per CBK guidelines.

Contribute to the preparation of all MIS reports, collection budgets, quarterly provisions reviews, and other relevant exercises to aid the management of the corporate portfolio.

Ensure Management Information is accurate and submitted in a timely manner.

Carry out responsibilities pertaining to the Board Credit Committee which includes responding to data/ analytical requests from the Committee in addition to enhancement and review of Group Credit Policies & Standards in order to ensure that these reflect the best practice and regulate the risk assets of the group as directed by the Board.

Support customers in financial challenges with close and robust engagement on turnaround cases. Restructure facilities appropriately in order to preserve the Bank’s position.

Prevent revenue leakages through monitoring and controls and observation of covenants.

Internal business processes

Manage a team of Managers and ensure that the highest credit management standards are maintained to minimize Bank risk and comply with Bank policies and CBK regulations

Responsible for identifying, mitigating, and properly documenting risks and policy exceptions, recommending risk ratings and exposure strategies via preparation of credit requests/memos, interim reviews, annual reviews, and credit risk advisory papers

Ensure that the necessary credit and other approvals are obtained at the right levels for strategies, expenditure and provisions.

Present updates on Watch/CRAG portfolio on behalf of the department to the relevant committees such as Corporate Credit sub-committee, Management Credit Committee and Board Credit Committee.

Make credit requests and recommendations on customers within CRAG portfolio and obtain approvals as per approval matrix.

Ensure proper implementation

and follow up on the operational aspects of the account management with timely and proper internal administration and record keeping.

Responsibility of negotiating and recommending
settlement/restructure proposals for CRAG watch accounts.

Ensure satisfactory internal and external audits.

Customer

Lead pertinent negotiations with Watch customers, sometimes in conjunction with internal and external stakeholders regarding the agreement to, and implementation Turn Around & Managed Exit strategies

Work closely with clients and RM's with a focus on the turnaround/managed exit of each vulnerable account or exposure in the Watch portfolio.

Make customer visits and attend meetings held at/off Bank premises where appropriate.

Participate in strategy setting with customers to ensure that the appropriate turnaround/managed exit plan is implemented..

Develop network of contacts internally and also with external professionals in order to maximize effectiveness in assisting customers.

Learning and growth

Set objectives and drive performance for the team in line with Enterprise Performance Management with regular reviews, feedback and coaching to ensure targets are met.

Use MI to monitor and provide feedback.

Identify skills gaps and seek appropriate training and development.

Participating in trainings offered by the Bank through E learning, Internal & External training activities.

Participate in department’s team building activities.

Job Dimensions

Reporting Relationships: jobs that report to this position directly and indirectly
Direct Reports N/A.

Indirect Reports

Stakeholder Management: key stakeholders that the position holder will need to liaise/work
with to be successful in this role.

Internal

Credit Risk

Corporate Recoveries Unit

Corporate,

Finance

Credit Administration

Legal

Audit and Compliance

External

Customers

Lawyers

Insolvency Practitioners

Business Advisory Consultants

Credit Reference Bureaus

Work cycle and impact: time horizon and nature of impact (Planning)

Strategy Setting – 1 month – 3 months

Recoveries – 18 months – 36 months

Ideal Job Specifications

Academic:

Bachelor’s degree in a business management discipline in either of Finance, Business, and
Economics, Mathematics / Statistics or related field from a reputable institution.

Professional:

Comprehensive banking background and extensive experience in credit appraisal and

Experience in engaging C-level management and senior executives in facilitating decision making and reporting.

Extensive understanding of business and financial fundamentals, with mathematical aptitude & advanced accounting skills.

Ideal Job Specifications

Ability to coach, mentor, train and transfer skills to others.

Desired work experience:

At least ten years’ experience with at least five years at senior management level in an active corporate environment or credit risk management.

Ability to coach, mentor, train and transfer skills to others.

How to Apply

For more information and job application details, see; NCBA Group Head of Credit Risk Advisory Group (CRAG) Jobs in Kenya

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